BSECompany Update2d ago · 27 Jul 2026, 03:28 pm

Announcement under Regulation 30 (LODR)-Press Release / Media

Nelcast Ltd · 532864

✦ AI Summary▲ PositiveResults

Nelcast Ltd, a leading producer of Ductile and Grey Iron castings in India, announced its financial results for the first quarter ended June 30, 2026. The company reported a marginal growth of 2.8% in total revenue, with EBITDA standing at Rs. 20.1 Crores and PAT at Rs. 5.1 Crores. The company's new product launches and improving demand trends are expected to contribute to growth and margin expansion in the coming quarters.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10

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Nelcast Ltd - 532864 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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27th July 2026 BSE Limited National Stock Exchange of India Limited Listing Operations Listing Department, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai - 400 051 Maharashtra, India Maharashtra, India BSE Script Code: 532864 NSE Script Code: NELCAST Dear Sir/Madam, Sub: Press Release on the Unaudited Financial Results of the Company for the quarter ended 30th June 2026 We are enclosing the Press Release on the Unaudited Financial Results of the Company for the quarter ended 30th June 2026. We request you to take this information on record. Thanking you. For Nelcast Limited (S.K. Sivakumar) Company Secretary Nelcast Reports Q1 FY27 Results; Healthy Demand Momentum and New Product Launches Support Outlook Chennai, India | July 27, 2026 – Nelcast Ltd (referred to as the “Company”; NSE Symbol: NELCAST, BSE Scrip Code: 532864), a leading producer of Ductile and Grey Iron castings in India, announced its financial results for the first quarter ended June 30, 2026. Commenting on the Results, Mr. Deepak Reddy Ponnavolu, Managing Director & CEO of Nelcast, said “Nelcast delivered a steady performance in Q1 FY27, supported by healthy demand across its key end markets. The tractor and commercial vehicle segments continued to witness strong momentum, while exports recorded a sequential improvement during the quarter, reflecting encouraging demand trends. Profitability during the quarter was impacted by temporary factors, including elevated raw material costs arising from geopolitical developments and labour availability constraints across the industry. We have initiated price revision discussions with customers, and the benefits of these measures are expected to be realized gradually over the coming quarters. A key highlight for us is the commencement of production for new products during Q2 FY27. These programs are expected to progressively ramp up through the year and contribute meaningfully to volumes and revenues by the second half. In parallel, we expect capacity utilisation to improve as demand strengthens and new product volumes scale up. We also continue to make steady progress in expanding our customer relationships across Europe and have secured new business opportunities that strengthen our long-term growth pipeline. Beyond the near-term operating environment, we believe the Company is at an important inflection point. With new product programs ramping up, customer additions gaining traction, exports improving and utilisation levels expected to rise, the foundations are being laid for the next phase of growth, positioning Nelcast to create substantially greater value in the years ahead." Consolidated Performance Highlights (In Rs. Crores, unless otherwise mentioned) Particulars Q1FY27 Q1FY26 YoY Total Revenue 345.4 336.0 2.8% EBITDA 20.1 32.4 (37.9)% EBITDA Margin % 5.8% 9.6% (381) bps EBITDA/kg (in INR) 9.5 14.7 (35.5) % PAT 5.1 12.5 (58.9)% PAT Margin % 1.5% 3.7% (223) bps NELCAST LIMITED 159 TTK ROAD, ALWARPET, CHENNAI – 600018 / www.nelcast.com Q1 FY27 Financial Highlights: • Total Revenue stood at Rs. 345.4 Crores in Q1FY27 against Rs. 336.0 Crores in Q1FY26, marginal growth of 2.8% • EBITDA stood at Rs. 20.1 Crores; Margin stood at 5.8%, impacted by an increase in input costs amid macro headwinds • PAT stood at Rs. 5.1 Crores in Q1FY27 Sector-wise Revenue SEGMENT WISE REVENUE BREAK-UP Q1FY26 Q1FY27 % % % % 2 .5 3 1 .5 3 % 5 % 1 .7 1 .5 3 4 .3 3 % % % % % % 5 .2 5 .0 2 .3 5 .3 6 .0 4 .0 M&HCV TRACTORS EXPORTS RAILWAYS OFF-HIGHWAY EQUIPMENT OTHERS Outlook for FY27 • Export recovery, new product ramp-up and an improving product mix support sustained growth and margin expansion. About Nelcast Ltd Incorporated in 1982, Nelcast manufactures grey and ductile castings for the M&HCV and tractor industry segments. Around 30-35% of its overall revenues is also generated from export markets. Key products supplied to its M&HCV clients include differential carriers, differential cases, bogie suspension brackets, and conventional brackets, among others. For the tractor segment, the company’s major products are transmission casing, centre housing, axle housing and hydraulic lift cover. It also supplies base plates and brake discs for metro rail projects and the railways respectively. Nelcast has an aggregate installed production capacity of 160,000 tonnes per annum. Its factories are located at Ponneri in Tamil Nadu, and at Gudur and Pedapariya in Andhra Pradesh. Contact Details Nelcast Limited Ernst & Young LLP S. K. Sivakumar Abhishek Bhatt CFO & Company Secretary Vikash Verma E-mail: nelcast@nelcast.com Email:abhishek.bhatt3@in.ey.com/vikash.verma1@in.ey.com For further information on Nelcast Limited, please visit www.nelcast.com Safe Harbor This release contains statements that may contain “forward-looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Nelcast Ltd future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, several risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. Nelcast Ltd undertake no obligation to publicly revise any forward-looking statements to reflect future / likely events or circumstances. NELCAST LIMITED 159 TTK ROAD, ALWARPET, CHENNAI – 600018 / www.nelcast.com